Andrea Suarez has formally exited IPG Mediabrands after a 16-year tenure, the company confirmed to ADWEEK.
Suarez had served as international CEO of UM from mid-2023 till November 2024, when she quietly transitioned into the regional function as chair of IPG Mediabrands LATAM. She was nonetheless listed as international CEO of UM on the IPG Mediabrands’ web site, as of this writing.
Suarez had beforehand held a number of high roles throughout IPG, together with main IPG Mediabrands’ international follow Thrive, CEO of IPG Mediabrands LATAM, president of Worldmarkets, and president of UM Latin America.
Throughout her time as international CEO, Suarez helped information UM by a interval of operational streamlining and management transition.
In an announcement supplied to ADWEEK, IPG Mediabrands stated: “We’re grateful to Andrea Suarez for her vital contributions to IPG Mediabrands and her signature type of heat, pragmatic method, and tireless dedication as a colleague. Over the course of 16 years, Andrea was instrumental in rising our enterprise, partnering with shoppers, and creating our expertise. Her tenure as international CEO of UM and, most just lately, as chair of IPG Mediabrands LATAM has helped us to thrive at each the model and regional ranges and paved the way in which for future success. Andrea will transfer on to her subsequent journey this summer time. We want her all the most effective as she goes ahead.”
UM won’t be change its international CEO function. As a substitute, Suarez’s obligations can be distributed amongst a number of regional leaders, together with Susan Kingston-Brown international model president of UM, and Carlos Rojas Girao, regional CEO of IPG Mediabrands LATAM.
In a memo reviewed by ADWEEK, Eileen Kiernan, international CEO of IPG Mediabrands, mirrored on her time working with Suarez. “Andrea and I labored collectively intently throughout a lot of the final 10+ years, and I can communicate firsthand to her deep dedication to shoppers and expertise,” Kiernan wrote. “She is a targeted and tireless chief with a down-to-earth, heat, and pragmatic type. And I’m grateful for all Andrea has carried out for and meant to this group over time.”
Suarez’s departure comes amid a wave of inner restructuring and cost-cutting throughout IPG Mediabrands and its father or mother firm. In Could, ADWEEK reported that the company community laid off dozens of analytics staffers, moved roles offshore. These strikes are a part of a $250 million cost-reduction initiative forward of the corporate’s deliberate merger with Omnicom Group, which was cleared by the Federal Commerce Fee in late June. The $13.5 billion deal is predicted to shut within the second half of 2025.